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...lower per-capita cost of government, only St. Louis has a lower per-capita bonded indebtedness. Throughout Depression it has kept notably solvent, has not once defaulted on a payroll or interest payment. It has set up an amortization fund which at the present rate of growth will wipe out its entire bonded indebtedness by 1943, put all city operations on a cash basis...

Author: /time Magazine | Title: WISCONSIN: Marxist Mayor | 4/6/1936 | See Source »

...Akron, Ohio plant, besieged by striking rubber workers. Emerging from his industrial fortress for the first time in two weeks, President Litchfield found time to declare: "We will appeal the decision of the Federal Trade Commission to the Federal courts. Were it permitted to stand, the decision would wipe out a widely used trade practice under which a substantial proportion of the country's total retail business is done. . . . This practice itself is on trial, not Goodyear...

Author: /time Magazine | Title: Business: Retailers & Discrimination | 3/16/1936 | See Source »

Thence, knighthood in my blood, I to seek a lady to serve. Whereupon comes the Old Woman, but today, very strange, she did look most fair. "Madame, this day I am your Knight; but bid me and with one stroke of my sword I'll wipe out the whole damn scrubbing business!" Whereupon she did throw me down the stairs...

Author: NO WRITER ATTRIBUTED | Title: The Vagabond | 3/4/1936 | See Source »

...Donbas mines, where Stakhanovism was originated by Stakhanov, had not only failed to set a new record but had dropped below the established norm. Comrade Stakhanov's co-workers under ground thus seemed to be either worn out or sulky. Moscow ordered by telegraph "YOU MUST WIPE OUT YOUR DISGRACE." In most cases throughout Russia, statistics showed that during the first five days of nationwide Stakhanovism the workers increased their output, but that it fell during the next five days, as it became impossible to maintain this speedup. When Stakhanovism was first announced, higher pay for greater daily production...

Author: /time Magazine | Title: RUSSIA: Ten Stakhanov Days | 2/10/1936 | See Source »

...more normal proportions. To Chairman Eccles the track looks clear as far as he can see. Moreover, he disagrees with Banker Aldrich about the air-brakes. As soon as he spies a red-signal around the Recovery bend, he can: 1) Double reserve requirements, a move which would wipe out some 90% of the present excess. 2) Order the Reserve Banks to sell some of their $2,400,000,000 load of Government securities. To pay for all these bonds the member banks would have to draw down their balances with the Reserve System to an extent that would reduce...

Author: /time Magazine | Title: Business: Banks & Brakes | 2/10/1936 | See Source »

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